30-40 Margaret Ave | 6 fl | Planned

[tomh009]

Out of curiosity, what would have your suggestions added to the overall cost to build as a percentage. Also what would have underground parking added to the overall cost of building as a percentage? No poorly designed shoebox/dogcrate condos being built anytime soon so I’m sure we are going to get more of this. I’m sure the architects are doing what they are told. Design to build as cheaply as possible.

I just read a number of 100k per parking spot for underground parking.

I think $100K is the high end of the range in Toronto. For a second underground parking level (this building is already to have one level), in Kitchener, with this big a footprint (much more cost-effective than a small tower footprint), I would expect to be something  closer to the $50-60K range. But it might still be $40-50K beyond the cost of an outdoor parking space.